Glo Dollar

Glo Dollar

A nonprofit stablecoin, Glo Dollar, provides basic income to the extremely poor by generating yield from reserves, aiming to lift millions out of poverty via partnership with GiveDirectly.
Application
Applied on: 19 Apr 2023 01:21 PM
Round: Metacrisis
Approved
User Review
AI Review
A1
Reviewed on 13 Feb 2024 06:21 PM
Projects must be associated with a metacrisis vertical (nuclear disarmament, biosecurity, weaponized drones, grid fragility, biodiversity collapse, etc) and/or horizontal topic area/generator function (multipolar traps, perverse incentives, plausible deniability, etc).
While the Glo Dollar project aims to alleviate poverty through a unique stablecoin model to provide basic income, it does not clearly state an association with a specific metacrisis vertical such as nuclear disarmament, biosecurity, etc., or with horizontal topics such as multipolar traps. Its focus on poverty alleviation may tangentially connect to broader systemic issues and potentially mitigate perverse incentives or traps associated with economic disparities, yet the direct link to the metacrisis themes as defined is not explicitly made in the project description.